we have nothing to fear - but fear itself, page-2

At 25c, the market has shareholders equity at $92 million,not near 2 billion.Is goodwill 320 million? Can goodwill be a negative figure,to be subtracted from other assets? Capital gains on assets? In the present market, these might be losses,to be subtracted in the books.Confidence in the firm? Thats the problem.The banks who lent to BNB will be hoping it recovers.Then their officers won't have to admit to taking risks with other peoples money,and make writedowns. The price of the big 4 banks are being depressed by this one.